Latest Stories

Fortescue Future Industries commits to major green hydrogen project in Argentina

12 November 2021

Argentina’s government has reportedly struck an agreement with Fortescue Future Industries, an Australian company, on the construction of a green hydrogen plant in Rio Negro Province.

Wärtsilä completes installation of FSRU for LNG-to-power project in El Salvador

12 November 2021

Finland’s Wärtsilä reported on November 10 that it had finished installing the BW Tatiana floating storage and regasification unit (FSRU) at its designated site offshore El Salvador, near the port of Acajutla.

Sempra identifies Vista Pacifico LNG project as a high priority

12 November 2021

US-based Sempra Energy sees the Vista Pacifico LNG project, which envisions the construction of a gas liquefaction and export terminal in Topolobampo, a port in Mexico’s Sinaloa State, as a high priority.

ING to stop financing oil, gas trading in Peru

12 November 2021

The Dutch lender ING Group has said it will no longer finance the trading of crude oil and natural gas in Peru, citing concerns about the impact of the industry on indigenous people.

Brazilian gas utilities seen closing fuel acquisition contracts by year-end

12 November 2021

A number of Brazilian natural gas distribution utilities are expected to close fuel acquisition contracts with private suppliers by the end of the year, as the country’s gas sector opens up.

Guyana talks about using gas to generate power, unveils clean energy plan

12 November 2021

Guyana is planning to build a new associated gas-fuelled thermal power plant as it moves toward leaving fossil fuels behind, President Irfaan Ali has said.

Mexican judge orders former Pemex CEO to be held in prison

12 November 2021

A Mexican judge has issued an order that will see Emilio Lozoya, the former head of Mexico’s national oil company Pemex, held in prison for preventive detention.

CNRL to acquire Storm Resources for $762mn

12 November 2021

Canadian Natural Resources Ltd (CNRL) has struck a deal to acquire Montney shale gas producer Storm Resources for CAD960mn ($762mn).

Chevron to use carbon credits to make up for Gorgon CCS shortfall

12 November 2021

Chevron and its partners in the giant Gorgon LNG project in Australia will buy carbon credits likely worth more than $183mn to compensate for failing to meet carbon capture targets.

RIL exits Eagle Ford with sale to Ensign

12 November 2021

India’s Reliance Industries Ltd (RIL) is exiting the US shale industry via a sale of its assets in the Eagle Ford play in Texas to Ensign Natural Resources.

Santos wraps up NT shale well

12 November 2021

Australian independent Santos has successfully drilled the Tanumbirini 3H (T3H) well in the EP 161 shale gas play in the Northern Territory.

CNPC enters state of emergency after COVID scare

12 November 2021

State-owned China National Petroleum Corp (CNPC) has entered a state of emergency at its Beijing offices after four employees tested positive for coronavirus (COVID-19), the Global Times reported on November 11.

PNG court approves Oil Search shareholder vote on Santos merger

12 November 2021

Papua New Guinea’s (PNG) National Court has given Oil Search the green light to hold a shareholder vote on its proposed merger with Santos.

Lundin’s senior officials face prosecution for war crimes in Sudan

12 November 2021

Sweden has decided to prosecute two senior executives of Ludin Energy for complicity in grave war crimes in Sudan from March 1999 to May 2003.

Cabinet to unite Centrenergo, coal mines in old energy holding

12 November 2021

Cabinet to unite Centrenergo, coal mines in old energy holding

Pertamina puts price tag on first CCS projects

12 November 2021

Indonesia’s state-owned Pertamina has estimated that installing the country’s first two carbon capture storage (CCS) projects could cost as much as $500mn.

Uzbekistan: People no longer in the dark about power shortages

12 November 2021

Until now, officials had been silent about ongoing power cuts, even calling them a thing of the past.